Business Context and Reporting Period
Company: Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV)
Filing Type: Form 6-K (Report of Foreign Issuer)
Date: December 27, 2022
Context: The filing reports a relevant fact regarding a modification to the Company's acquisition of own shares plan. Grupo Supervielle S.A. is a universal financial services group in Argentina with a nationwide presence.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The Board of Directors approved a modification to Item 5 of the terms and conditions of the acquisition of own shares plan (originally approved July 20, 2022, and modified September 13, 2022). The change updates the maximum price to be paid per share:
- ADR (NYSE): Up to a maximum of US$2.70 per share.
- Class B Share (BYMA): Up to a maximum of $200 (Argentine Pesos) per share.
All other terms and conditions of the plan remain in force as previously approved.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, outlook, management commentary on operations, or a discussion of risks and contingencies. The document is strictly limited to the announcement of the share repurchase price modification.
Investor Verification Checklist
- Verify the current market price of Grupo Supervielle ADRs and Class B shares against the new maximum repurchase prices (US$2.70 and $200 ARS, respectively).
- Review the original share repurchase plan terms approved in July and September 2022 to understand the full scope of the program beyond the price modification.
- Confirm the remaining duration and total share volume authorized under the plan, as this filing does not specify those details.